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http://econospeak.blogspot.com/ - Annals of the Economically Incorrect
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By now most have heard about the hacking of emails at the East Anglia Climate Research Unit, with revelations of questionable conduct by Michael Mann, Phil Jones, and others, including apparent efforts to cover up embarrassing facts and manipulate refereeing processes at journals. There have ...
Stocks
The school invited me to give the annual lecture on December 8. I'm trying to copyedit The Invisible Handcuffs, finish two articles before a December 1 deadline, and grade papers before school starts next week. My idea is to show how ideas evolve with my books, paralleled with both the course of ...
Government
Michael Bloomberg
I will leave it to Dean Baker and Paul Krugman, who get paid to do this, to tear into the errors and absurdities of this latest bit of agitprop from the New York Times on the phantom menace of fiscal deficits. What I would like to raise is the issue of institutional responsibility. You would ...
Other
Jamie Galbraith rallies the faithful : "Sorry to be defeatist - it’s the way I feel. Prove me wrong." Seventy-six years ago a Senator from Alabama — yes, Jamie, Alabama — proposed a solution to an earlier unemployment crisis. And you know what? The Senate approved it 53-30. But the Big Boys ...
Government
In June this year an Australian by the name of Paul Gilding made an interesting statement about the cause of the global financial crisis. Gilding gives public talks around the world highlighting the alarming issue of global climate change. In his talk he said that in July 2008 the world entered ...
Commodities
Ponzi Scheme
Oil Prices
Ed Crooks reviews Prosperity Without Growth in the Financial Times: Jackson, a professor of sustainable development at Surrey university, has thought hard about the subject. His prose is lucid and lively, and many of his policy prescriptions are sensible.... Yet for all these strengths, his ...
Other
Said Galbraith: "Mr. Keyserling has been reading my books and watching my actions for the last 10 years and finding evidence of wickedness which even I would not have thought possible. Feeling as he does, he was certainly right to alert the public." Washington Post, February 15, 1968: John ...
Other
When he was in office, Ronald Reagan looked bad. Now, by today's standards, he looks like a progressive.
Reagan, Ronald. 1973. "On Spending and the Nature of Government." National Review (7 December).
"When I took office in 1967, we discovered that the promise of "no tax increases" could ...
Other
Ronald Reagan
Clyde E. Dankert was a "widely respected" labor economist who in 1965 edited an Industrial Relations Research Association volume on Hours of Work . His textbook, Contemporary Unionism in the United States , was published in 1948 by Prentice-Hall. I have read some bizarre attempts to explain the ...
Other
econospeak.blogspot.com - 3 days ago
—
econospeak.blogspot.com —
I’m working on a project that involves, among
other things, looking at taxes on financial transactions, and
I’ve thought myself into an idea that I’d like to float to our skeptical readership. The short version: Tobin taxes, Keynes taxes, and other ...
(more)
Reducing Financial Complexity: A Different Take on ...
Comments
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Economist's View
found this 3 days agofound this
EBay just sold a large portion of Skype after a long legal dispute with Skype's founders. What interested me was the Skype's code evolved from the founders' earlier venture, the file-sharing system, Kazaa. In effect, the experience with the "illegal" Kazaa allowed the founders to develop ...
Stocks
eBay
The controversy over medical researchers taking money from drug companies continues . Universities are being called out for their failure to disclose to public agencies the other, private grants researchers are pulling in. The article discusses the competition between research shops for the star ...
Other
"Most people who know Michael Taylor ’s name recall that he worked as Monsanto’s lawyer at King & Spalding for years before being appointed to the FDA to oversee the swift introduction into the marketplace of GMOs. He did so by ramming through a faux scientific regulatory conceit called ...
Stocks
Monsanto
"The U.S. Chamber of Commerce and an assortment of national business groups opposed to President Obama's health-care reform effort are collecting money to finance an economic study that could be used to portray the legislation as a job killer and threat to the nation's economy, according to an ...
Other
Robert Reich at TPM wrings his hands ineffectually: How can the stock market hit new highs at the same time unemployment is hitting new highs? Simple. The market is up because corporate earnings are up. Corporate earnings are up because companies are cutting costs. And the biggest single cost ...
Stocks
Steve Jobs
Pat Garofalo at Think Progress Wonk Room : Both Baker and Paul Krugman point to the example of Germany, which has a work sharing program, along with strong labor protections. As Krugman wrote, the measures "didn’t prevent a nasty recession, but Germany got through the recession with remarkably ...
Stocks
Unemployment
Last January, I presented a paper at the ASSA meetings offering my own take on the state of the world, entitled “The Financial Crisis Through the Lens of Global Imbalances”. My main point was that dollar recycling broke down as many of us expected it would, but not at the international level; ...
Other
Financial Crisis
Global Downturn
Yes. Anyway, that is the way I and Dean Baker see it ("What would a rout of the dollar look like?" http://www.prospect.org/cnsc/blogs/beat_the_press ). For quite some time now, there have been lots of articles in leading newspapers and magazines, as well as gobs of commentators on TV talk shows, ...
Stocks
David Dollar
"…Adults and children received a bullet to the brain, while babies – whether injured or not – were held by the ankles “just like goanna”, their skulls smashed against trees or rocks.30 A crying baby left behind when Garrwa people fled a camp on the Robinson River was thrown onto the hot coals ...
